2016-04-07
Acuity Brands announced record second quarter results for net sales, net income, and diluted earnings per share (“EPS”). Fiscal 2016 second quarter net sales of US $777.8 million increased $161.7 million, or 26%, compared with the year-ago period. Operating profit for the second quarter of fiscal 2016 was $106.7 million, an increase of $28.1 million, or 36%, over the year-ago period. Net income for the second quarter of fiscal 2016 was $65.5 million, an increase of 41% compared with the prior-year period. Fiscal 2016 second quarter diluted EPS of $1.49 increased 39% compared with $1.07 for the year-ago period.
Continue reading →
2016-04-01
Foxconn’s acquisition of Sharp could help Apple reduce its dependency on Samsung for OLED display panels, analyzed 9to5Mac.
Continue reading →
2016-03-31
Affected by the uncertain economic outlook, Taiwanese LED manufacturer Everlight’s business operations in 2016 lacked strong growth momentum, reported Taiwanese media UDN. Waning consumer consumption led to sliding revenues in the backlight market, which has neutralized lighting market growth.
Continue reading →
2016-03-31
The city of Phoenix in Arizona, U.S. is asking for public input on the appearance and use of energy-efficient LED technology for street and park lighting.
Continue reading →
2016-03-31
NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America surged in March, climbing to 64.7 from 44.4 the previous month as more panelists reported conditions improved than eroded. Compared to February, a larger share of the survey panel reported that business conditions improved (41% in March compared to 22% in February) and a smaller share reported that they deteriorated (12% in March compared to 33% in February). Forty-seven percent claimed conditions were unchanged in March, similar to the share holding this view a month ago.
Continue reading →
2016-03-30
A GBP 9.8 million (US $14.09 million) project to replace all the streetlamps in Reading with energy efficient LEDs is due to start on Monday 4th April.
Continue reading →
2016-03-29
Pirated Philips LED bulbs were found in Yinshang County, Anhui Province, China, according to a statement released by the local Market and Quality Supervision Commission.
Continue reading →
2016-03-29
A recent report from renowned Apple specialist and analyst Ming Chi Kuo from KGI Securities projects the current iPhone 6 design might be overhauled in the next generation phone, and be replaced with a 5.8” curved glass casing AMOLED display phone, reported MacRumors.
Continue reading →
2016-03-28
Investor lawsuits have caused Foshan Lighting’s net profits to plummet 79.93% in 2015 to RMB 53 million (US $8.15 million), while annual revenue dropped 6.26% YoY to RMB 2.88 billion, according to a company statement.
Continue reading →
2016-03-28
ETI announced recently that the company board’s Independent Director Jing Guo Jiang has resigned, due to personal reasons.
Continue reading →
2016-03-28
Shanghai Felio Acoustics rebutted misleading reports claiming its affiliated company INESA is building a new LED plant in France that could create 200 to 300 new jobs in the country.
Continue reading →
2016-03-28
Seoul Semiconductor announced that it won a patent infringement lawsuit regarding LED backlight lens technology against Japanese lens maker Enplas.
Continue reading →
2016-03-28
A report from IHS recently claimed AMOLED panel production costs for smartphone displays was nearing LCD displays or translated into LED industry language ready to take out LED backlight, reportedPhonearena.com and Korean media ETnews.
Continue reading →
2016-03-28
Indian consumers from Nashik, a northern district of Maharashtra State, were given only one option to pay for LED bulbs—cash only, reported The Times of India.
Continue reading →
2016-03-28
A community in the state of Florida, U.S. wants more efficient streetlights to cut energy bills, but local utility company Florida Power and Light (FPL) is making things rather difficult, reported SunSetinental.
Continue reading →
2016-03-25
Forest Lighting (formerly branded as MLS) announced recently it had acquired 80% shares from Hong Kong lighting vendor Super Trend Lighting Chairman Jiangguo Yen (嚴建國), which is expected to bolster the Chinese player’s LED filament bulb market share.
Continue reading →
2016-03-25
Nichia announced several LED patent lawsuits this week, including its two patent infringement suits filed against TV manufacturer Vizio in Eastern Court of Texas and District Court for the Central District of California in U.S., and ongoing YAG patents lawsuit against Everlight China. The lawsuit filed against Vizio stands out in particular, since it targets the end product manufacturer instead of a LED chip or component supplier.
Continue reading →
2016-03-25
In 2012, EVERLIGHT filed a declaratory judgment action of invalidity and non-infringement against Nichia’s U.S. Patent Nos. 5,998,925 and 7,531,960 in the U.S. District Court for the Eastern District of Michigan. These two patents are directed to YAG phosphors being used in LEDs and phosphor concentration. The jury on April 22, 2015 has found all the asserted patent claims invalid. And the court has rejected Nichia’s motions for a new trial and confirmed the jury finding on January 19, 2016.
Continue reading →
2016-03-25
Bengaluru, the capital of Kanakata State in India, has distributed more than 5 million LED bulbs to local residents since it launched the energy efficiency program three months ago, reported The New Indian Express.
Continue reading →
2016-03-25
Dutch lighting giant Philips Lighting has started selling energy efficient LED bulbs at Palace shopping mall in Ghana capital Accra, reported Graphic Online.
Continue reading →
2016-03-24
Global leading LED manufacturer Nichia has filed another patent infringement lawsuit against U.S. TV manufacturer Vizio in Central California Court, just one day after filing a lawsuit in the Eastern Texas. Moreover, the Japanese company is enforcing its YAG patents in China, and filed a lawsuit against Everlight subsidiary and distributor in China earlier this month. Below are Nichia’s statements related to the cases:
Continue reading →
2016-03-24
A photocall on March 17, 2016 marked the start of a two-year project to replace all of the borough’s 11,300 street lamps with LED energy efficient ones.
Continue reading →
2016-03-24
Silver Spring Networks announced a new go-to-market partner, Rongwen, for its rapidly growing smart cities and smart street lighting business. Rongwen is one of the largest smart LED street light providers and operators in China, and has deployed more than 250,000 controllable LED street lights in its home country under the Energy Performance Contracting (EPC) business model.
Continue reading →
2016-03-23
The U.S. Patent and Trademark Office (USPTO) has granted Apple 59 patents including one related to AMOLED displays, reported Patently Apple.
Continue reading →
2016-03-23
Nichia has filed a complaint in the Eastern Court of Texas in U.S. court against American TV manufacturer Vizio for infringing its LED patent (U.S. Patent No. 8,530,250), reported Law 360 magazine.
Continue reading →
2016-03-23
Lighting Science, the global technology leader in human health focused LED solutions, unveils a bold new brand identity designed to more accurately communicate the mission of the company and its groundbreaking products. The brand relaunch coincides with the expansion of Lighting Science’s line of biologically-tuned LED products including the Sleepy Baby®, GoodNight™, and GoodDay™ bulbs which emit pre-sleep and awake & alert spectrums of light, respectively.
Continue reading →
2016-03-22
Prospects of the LED lighting market in Indonesia is promising and set to soar this year, due to growing electrification ratio in the country, reported Indonesia Investments.
Continue reading →
2016-03-22
Seoul Viosys filed a patent infringement lawsuit with the US Court in Florida, claiming that their UV products, including EPI, FAB, package or system, have been infringed.
Continue reading →
2016-03-22
Local U.S. governments have been actively replacing conventional streetlights with LEDs in an effort to slash energy consumption, according to a latest report from The Climate Group mayors across the U.S. are prioritizing LED streetlights. Below are summaries of streetlight projects in several U.S. cities.
Continue reading →
2016-03-21
If you have been following LEDinside news, India has been a booming market for massive streetlight retrofit projects over the last two years. Progress of LED streetlight projects in the region have been mixed, with some states and municipalities successfully implementing plans, and others lagging behind due to political, financial or technical difficulties.
Continue reading →